Hartford US Quality Growth ETF (NASDAQ:HQGO) Trading 1% Higher – Here’s Why

Hartford US Quality Growth ETF (NASDAQ:HQGO) shares traded up 1% during trading on Wednesday . The company traded as high as $59.51 and last traded at $59.51. 114 shares were traded during trading, a decline of 52% from the average session volume of 238 shares. The stock had previously closed at $58.90.

Hartford US Quality Growth ETF Price Performance

The firm has a market cap of $48.80 million, a PE ratio of 27.05 and a beta of 1.10. The business has a 50-day moving average price of $60.17 and a two-hundred day moving average price of $59.40.

Hartford US Quality Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.1212 per share. The ex-dividend date was Tuesday, December 23rd. This is an increase from Hartford US Quality Growth ETF’s previous quarterly dividend of $0.06. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%.

About Hartford US Quality Growth ETF

The Hartford US Quality Growth ETF (HQGO) is an exchange-traded fund that is based on the Hartford US Quality Growth index. The fund tracks a multifactor index of US large-cap stocks with strong growth potential, while also increasing exposure to quality and momentum. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. HQGO was launched on Dec 5, 2023 and is issued by The Hartford.